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Wednesday, 11 November 09
INDONESIA ASKS DOMESTIC COAL FIRMS TO SET ASIDE 30PCT OF OUTPUT
Indonesian government said that it had asked domestic coal producers to set aside 30% of their output next year to meet demand from new coal fired power plants.
Mr Darwin Saleh energy minister of Indonesia told members of the House of Representatives Commission VII said that "The government needs a guaranteed coal supply to support the 10,000 MW fast track program. Therefore, all coal producers should allocate 30% of their production to the domestic market."
Mr Darwin said that domestic demand for coal in 2010 had been estimated at 65 million tonnes, of which 85% would be needed for power plants. He said the quota for domestic producers would be updated every year.
Mr Bambang Setiawan director general of coal, minerals and geothermal energy at the ministry said that the government would limit coal exports to 150 million tonnes next year.
Mr Bob Kamandanu chairman of Indonesian Coal Producers Association said that "I'm confused why the government wants a 30% quota for domestic supply next year because I don't think the domestic market could absorb that much. The association has calculated that we could produce around 270 million tonnes next year. That means 81 million tonnes would be for domestic use while demand would only be at 60 to 70 millions."
The energy ministry has forecasts that the country would produce about 230 million tonnes of coal this year. Output totaled 172 million tonnes as of the end of August 2009. About 20% or 34.7 million tonnes had gone to the domestic market.
Source: Steel Guru
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Thursday, 29 April 10
SOUTH AFRICAN ROUNDS BACK TO INDIA SUPRAS CAN ACHIEVE AROUND MID 20S
Handy
Atlantic markets remain firm. Supramaxes open in USG are now achieving low/mid&n ...
Thursday, 29 April 10
KANGAROO RESOURCES INKS KEY COAL EXPORT CONTRACT WITH YUDEAN FARNON - PROACTIVE INVESTORS
Proactive Investors reprted that, Kangaroo Resources has secured an initial export sales contract for coal from the company’s operating coal p ...
Wednesday, 28 April 10
UNITED TRACTORS FOCUSES ON MINING AS IT SEEKS TO DIVERSIFY REVENUE SOURCES - JG
The Jakarta globe reported that, PT United Tractors, Indonesia’s biggest heavy-equipment distributor and mining contractor, aims to have its m ...
Wednesday, 28 April 10
DRY BULK MARKET
After a prolonged period of anticipation and a stalled dry bulk market in terms of freight rates, the industry’s benchmark, the Baltic Dry Ind ...
Tuesday, 27 April 10
CAPESIZES UP, PANAMAXES DOWN - BRS
It was Capesizes up, Panamaxes down this week as the latter experienced a correction after its recent gains. Period rates for Panamaxes remain firm ...
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- Intertek Mineral Services - Indonesia
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- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Economic Council, Georgia
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
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- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
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- Indian Energy Exchange, India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
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- London Commodity Brokers - England
- Australian Coal Association
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
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- Grasim Industreis Ltd - India
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- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
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- Ministry of Mines - Canada
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- Aboitiz Power Corporation - Philippines
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- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
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- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
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- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
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- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
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- New Zealand Coal & Carbon
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- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
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- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
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- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
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- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
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- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
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- Toyota Tsusho Corporation, Japan
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- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
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- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Medco Energi Mining Internasional
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- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
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- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
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- The State Trading Corporation of India Ltd
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- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
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